Skip to main content

South Korea highway deals struck

In South Korea a contractor has been awarded the deal to construct and important new stretch of highway. The US$263.3 million deal is for a section of the Seoul-Sejong expressway. Hanwha Engineering & Construction (Hanwha E&C) will construct the section of the route in Gyeonggi Province. In all the new route will measure some 129km when complete and will connect Guri in Gyeonggi Province to Sejong. This will be one of several new highways running from north to south in South Korea.
July 25, 2016 Read time: 1 min
In South Korea a contractor has been awarded the deal to construct and important new stretch of highway. The US$263.3 million deal is for a section of the Seoul-Sejong expressway. Hanwha Engineering & Construction (Hanwha E&C) will construct the section of the route in Gyeonggi Province. In all the new route will measure some 129km when complete and will connect Guri in Gyeonggi Province to Sejong. This will be one of several new highways running from north to south in South Korea.

Related Content

  • Burkina Faso targeting road upgrades
    June 28, 2019
    Burkina Faso is planning a major road upgrade programme. The Burkina Faso Government has set a budget of US$309 million to improve several key road sections. A portion of the funding being supplied by Japan. Funding is also being supplied by the West African Development Bank and through the Burkina Special Road Fund (FSR-B). The country’s capital, Ouagadougou, will be amongst the cities to benefit from new and improved roads. Ouagadougou’s Tansoba Boulevard south-eastern ring road will benefit from a $45 m
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
  • Vietnam bridge, road and highway development projects
    June 20, 2018
    Vietnam is pushing ahead with a series of road, highway and bridge projects that will improve the country’s transport network. Feasibility studies for three stretches of the North-South Expressway have been received by Vietnam’s Ministry of Transport (MoT). The 29km stretch from Nha Trang to Cam Lam is expected to cost US$177.9 million, with work starting in 2019 and due for completion in 2021. The 60km stretch from Dau Giay to Tan Phu will be built from 2018 to 2022. The 101km stretch from Vinh Hao to Pha
  • New road to connect Manila’s airport in the Philippines
    May 15, 2013
    Plans are in hand in the Philippines to build a new road linking the international airport of capital Manila to the city and to other surrounding highways. The contract for the project was awarded to Optimal Infrastructure Development Inc (OIDI), a subsidiary of local firm San Miguel Corp (SMC). The company will build the new Ninoy Aquino International Airport (NAIA) Expressway in a deal worth some US$387.25 million for the Department of Public Works and Highways. OIDI will carry out the work under the PPP